Are there is probability that gold will Reverse Sharply?

Will gold reverse?

Well, of course there will be a downtrend in gold but i don't think it will be a big reverse. Right now all we can see is a Strong Bullish momentum of gold supported by the inflation data, middle-east tension and demand of gold by central banks.

Additional negative news for USD will strengthen the percentage of rate cuts and eventually brings the gold to a New High.

* New High by the end of this week?
* Reversal will occur in gold?

Buying opportunity zone
1. if there are rejections from 2400 area then we can try for long on the 2400-2396 area, or wait for a pullback all the way down on the 2385-2382 area.
2. this is just my predictions so please trade wisely

*Stay positive*